【3/16~22】Market information, major news, featured trends and projects all in one place!【Weekly Roundup】

We have summarized the trends in the web3 industry for the week in one article.

Good morning.
I am Mitsui, a web3 researcher.

Today, as a new initiative, I will update the "Weekly Roundup" that was updated every Saturday.

The other day, among the surveys sent exclusively to paid subscribers, many said "I appreciate news and trend explanations", so I will summarize the trends of the web3 industry in a week in one article and create a summary article that you can understand just by reading it.

I think the items will be gradually updated while receiving feedback, but I am assuming the following.

• State of each industry

  • Market information

  • Major news

• Noteworthy trends and projects

Then let's get started! (If you think "I like this article format!" I would be grateful if you could react with a like or something as a reference for the echo)

📰Market & News

◼️Blockchain

○L1

Overall, prices were down for the week, but Solana is growing. Also, it's interesting that only the volume of NFTs is growing in BNB and AVAX.

DappRadar

«Main News»

• Avalanche Foundation targets meme coins 'COQ・GEC・KIMBO・NOCHILL・TECH' for investment.

• Solana's search volume surges on Google, partly due to the meteoric rise of meme coins.

• Ethereum supply drops to its lowest level since August 2022 due to Ethereum activity.

• TRON DAO's full node integrates with AWS, accelerating dApps development.

• BNB Chain begins offering 'RaaS', expanding its L2 ecosystem.

• Craig Wright, who claims to be the developer of Bitcoin, is not 'Satoshi Nakamoto', rules UK court.

• BNB Smart Chain (BSC) to implement 'Blob Transactions'.

• National authorities investigate Ethereum Foundation, US SEC serves summons to related entities.

• Solana declared the most popular blockchain so far this year by CoinGecko Research.

○L2

Overall, the TVL in L2 has dropped slightly by -2.7%. Looking individually, only Base, Arbitrum, and Linea are growing, while others have fallen nearly 10%. However, the number of users is increasing, so the spread of L2 is progressing.

https://l2beat.com/scaling/summary

https://l2beat.com/scaling/summary

growthepie

«Main News»

• Immutable and Polygon Labs team up on $100 million gaming fund.

• Stack's 'Point Chain' Layer 3 aims to bring loyalty points to Base.

• Aavegotchi to launch Layer 3 rollup using Base for payments in Q2 2024.

• Arbitrum eyes $400 million crypto gaming fund with proposal to DAO.

• Restaking protocol Swell leverages Polygon CDK and EigenDA to build on L2.

• DEX Matcha enables gasless trading on Base.

• Decentralized data warehouse Space and Time (SxT) plans to launch network on zkSync hyperchain.

• Adoption of Ethereum Layer 2 is trending high after Dencun upgrade.

• Metis announces alpha version of decentralized sequencer.

• Crypto wallet Zerion is building a Layer 2 network aiming for zero fees.

• Starknet's 2024 roadmap includes parallel transaction execution planned for Q2.

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◼️DeFi